Ampol Secures ACCC Exemption for Cash Acceptance Requirement Regarding 50 Motor Fuel Retail Sites
MT Newswires Live
Jul 10
The Australian Competition and Consumer Commission (ACCC) granted Ampol (ASX:ALD) unit Ampol Australia Petroleum an exemption from the requirement to accept cash for certain in-person payments in relation to 50 motor fuel retail sites in New South Wales, Queensland, Western Australia, South Australia, Tasmania, and Victoria, according to a Thursday statement from the regulator.
The exemption for Ampol began on June 24 and will last for five years, the ACCC said.
The exemption includes a condition that the motor fuel retailer must notify the regulator if there is a material change in circumstances relevant to the exemption, the regulator added.
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